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and ,hall plsr(orns, comply with and abide 6r each and every else apreerssent, stiptulations, corstdltioru and
C~ covenants thereof, and of tht r+sorfgoge, then this tnorfgage and the estate henbr created, ahall cease. ds-
~ termtne and I.e null and void.
~Ifu the morigagor hereby further covenants and agrees fo pay promptly when due the principal and
~ interest and other sums of money provided (or in said note and this mortgoge, or either: fo pay all and
~' sinrtular 1he~ faxes. assessments, Iet'ies, liabililiea, obligations, and encumbrances of every nature on said pro-
, perly: (o permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
Iherron nl any time: to Iteep the buildings now or hereafter on said land (ally insured in a sum of not less
.~~ ~;; fltan Two Thousand Five Hundred and no/100', - - - - - - - - -Dollars
~ti v) in n <•nmf,nnv or romnaniPS accrpfable to the mortgagee, the policy or policies fo be held by, and payable
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!e. sntd morlftngee. ana in Ute eerni uuy ~..+a ..r ........, .......-•-- a-•---- -, -- -
morfrraffee shall have the right to res•eive and apply the same to the indebtedness hereby secured, accounting
to Ilte morfgaffor (or any surplus: fo pay all costs, charges, and expenses, includi+rg lawyers (ers arsd title
sear(•hes, reasonnbly incurred or paid by the mortgagee because of the (ailttre of the mortgagor to promptly
and ~ully comply wills .Ihe agreements, stipulations, conditions and cot+enanfs of said note and this mortgage,
or either: to perform. comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants eel (ortls in said note and this mortgage or either. In the event the mortgagor (ails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this
~' mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
' or env other riflhf hereunder, and all such payments shall bear interest from date thereof at the highest hzw-
lul rate then allowed 6y the Ian's of the Sfafe of /'loridn.
ll curt' snm of money herein referred fo be not promptly paid within-------~--days next after
the same becomes due, or if each and every Ilse agreements, stipulations. conditions and covenant of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mersfio-sed irs said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
Ihernafler, al the option of the mortgagee, become and be due and payable, anything in said note or herein
fo the conlrarv nolwilhsfanding. /'allure bV the mortgagee fo exercise any of the rights or opfforu herein
pmt•ided shall not (•onslifute n waiver of any rights or options under said note or this mortgage nccnred or
Ihervas~ler nccruing.
~n ~itneSS ~het'eof, the said mortgnffor has hereunto siffned and sealed these presents the
clay scat year first above u'rilfen.
)igned, sealed and deliverrtl in the presence of
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S'1'ATF. OF 1•'LORII):~, ~ j
cc n •~-rY Of" WADE
I NERF.BY CER"I'IFY that on this day, before me, an
r
nffi~.•r Ihlh~ authorin•d in the Statr afuresaul and in thr County afon•said to take acknowledgments, personally appeared
R03FRT E. RICE, unmarried,
to nn• knn•n'n lu IM' thy' tM'rsun descrit,ed in anal whu caecutrd the (uregoing instrument and ~ acknowkdRed '
L; t!:a, h? ... - ~,t~•(i the s,tn~- 1I
• ~~`~• 1~'1'I`NFgS-uy hand and official seal in th.• Cuunh :(nd State last aforesaid this / da)' of
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~~ ••Fe'bry, n. I~1 61.
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-, •,,'-~\ „~,.' -.- Notary ~ iiZilic, ~ State •of Flori~dii at
f'•., ~' " ~ '. ~ Large . / i
'`'~;:• ..... ~ My Commission Expires: -~t ~"~" ~ ~~!
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